Re: Bangladesh amends war crimes law, mulls banning Islamists
- You have to clarify what you mean with specific examples. What transaction are you talking about?
And interest is a fact of economics. The idea of riba is to prevent loan sharking and predatory loans. If you remove all forms of interest, including safe loans, then there is no upward mobility, no middle class, and no growth. Why would I lend you $100, with the agreement that you’ll pay me back in a year, when I can spend that $100 now, or invest it somewhere else where I might get $110 back in a year. I have to charge you interest so that you compensate me for the opportunity cost.
- That’s a reality of life. Pakistan is a poor country that takes aid from the West. On what basis can it demand that the bases be removed?
Indians were beaten in the age of exploration, and the industrial revolution. We weren’t able to keep up with Europe and you see the effects of that today. Either we learn from them to see what they did right, or we’ll continue to be irrelevant. You hate the US, I get it, but if you don’t think we have anything to learn from them then you’re being close minded.